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bp ventures invests $10M in waste-to-biomethanol company WasteFuel; offtake MoU

Green Car Congress

bp ventures has committed $10 million, leading the Series B investment round, in WasteFuel , a California-based biofuels company that will use proven, scalable technologies to convert bio-based municipal and agricultural waste into lower carbon fuels, such as biomethanol. billion metric tons by 2050.

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What are the investment opportunities in the Alternative Fuel Corridor Program?

Setec Powerr

Charging facilities and electric vehicle development are positively correlated, and the only way to drive better growth of electric vehicles is to network and scale the construction of charging facilities. Alternative Fuel Corridor. Ready means that the corridor has adequate charging and fueling capability.

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Allison Transmission introduces hydrogen fuel cell vehicle testing at VEET

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Allison Transmission announced the availability of hydrogen fuel cell and compressed natural gas (CNG) testing at its Vehicle Electrification + Environmental Test Center ( VEET ). Phase one provides the ability to detect safely and to manage hydrogen gas or flames in the test cell.

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CARB: clean fuels replaced more than 50% of diesel used in California in Q1 2023

Green Car Congress

Clean fuels replaced more than 50% of the diesel used in the state in the first quarter of 2023, according to the California Air Resources Board (CARB). This figure provides perspective on the performance of actual quantities of fuel consumed in California. Since compliance began, the program has helped to replace more than 8.6

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NYK Line, JMU and ClassNK partner to commercialize ammonia-fueled ammonia gas carrier

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NYK Line, Japan Marine United Corporation (JMU), and Nippon Kaiji Kyokai (ClassNK) signed a joint R&D agreement for the commercialization of an ammonia-fueled ammonia gas carrier (AFAGC) that would use ammonia as the main fuel, in addition to an ammonia floating storage and regasification barge (A-FSRB).

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UPS sets 2017 goal of 1 billion alternative fuel miles

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UPS released its annual Sustainability Report announcing that while the total number of packages shipped in 2012 increased, the company reduced its total Greenhouse Gas (GHG) emissions. Through the end of 2012, UPS has logged 295 million cumulative alternative fuel miles. million miles from ground deliveries.

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Wärtsilä and Grieg to build green ammonia-fueled tanker

Green Car Congress

The technology group Wärtsilä and Grieg Edge, the innovation hub of Norwegian shipping group Grieg Star, are jointly running a project to launch an ammonia-fueled tanker producing no greenhouse gas emissions by 2024. Ship owners operating LNG-fueled vessels represent a significant source of potential customers.

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